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Buyopportunity

EURUSD is almost ready to turn bullish again.On the the higher timeframes (W and D) EU is already bullish. For past few days price was bearish on lower timeframes as it was retracing to grab the sell side liquidity to fuel the move to the up side. Right now price is inside of daily discount and just above the daily imbalance ,today is news as well. So, if the market reacted to the imbalance and gave signs of possible continuation, we can look for long entries. Other wise we can expect a deeper push into the daily order block Hey traders! I'm back after a break, ready to share fresh analyses. Follow for updates, and if you find my content valuable, show some love with a thumbs up! Happy trading.
Long
by a_guy_from_wall_street
11
USDCAD Could provide a nice bullish move due to CAD CPIThere are several reasons why we could see a bullish move in the USD/CAD currency pair: 1. **Moderating Canadian Inflation**: Multiple sources, including RBC Economics, NBF, and CIBC, suggest that Canadian inflation is expected to moderate in November. This is primarily driven by factors like a drop in gasoline prices, easing food price growth, and a slowdown in core inflation measures. A moderation in inflation can weaken the Canadian dollar (CAD) as it reduces the pressure on the Bank of Canada to raise interest rates, potentially leading to a bullish move in USD/CAD. 2. **Headline CPI within Target Range**: RBC Economics points out that the expected drop in inflation would bring the headline CPI back within the Bank of Canada's target range of 1%-3%. This suggests that there may not be excessive inflationary pressures, which can be interpreted as a positive for USD/CAD bulls. 3. **Economic Backdrop and Interest Rates**: The analysis mentions that further softening in the economic backdrop and slower price growth should reinforce the idea that the Bank of Canada is unlikely to hike interest rates further in the near term. This anticipation of a pause in rate hikes can weigh on the CAD, making USD/CAD more attractive to traders. 4. **Core Inflation Deceleration**: The expectation of continued deceleration in core inflation measures, such as CPI-trim and CPI-median, indicates that underlying inflationary pressures may not be a concern. This can weaken the CAD and support a bullish move in USD/CAD. 5. **Caution Regarding Rate Cuts**: It's worth noting that the central banks, including the Bank of Canada, are expected to be cautious about declaring victory over inflation too early and pivoting to rate cuts. However, the anticipation of an extended pause in rate hikes rather than an immediate pivot to rate cuts can be seen as a positive factor for USD/CAD bulls. In conclusion, the expected moderation in Canadian inflation, the potential return of headline CPI within the target range, the economic backdrop, and the likelihood of a pause in rate hikes by the Bank of Canada, along with continued core inflation deceleration, are factors that could support a bullish move in USD/CAD.
Long
by Wiiso
Decision week of 2023, gold price above $2000?✍️ NOVA hello everyone, Let's comment on gold price Decision week of 2023:18/12 - 22/12/2023 🔥 World situation: After the FED meeting on keeping interest rates unchanged, Gold prices have increased sharply again and the chance of ending the year above $2000 is huge. Because the last week of 2023 does not have important economic data and investor psychology is also very satisfied with the current Gold price. 🔥 Identify: Prices will stabilize above $2000 to end a successful year for Gold 🔥 Technically: Based on the resistance and support areas of the gold price according to the H1 frame, NOVA identifies the important key areas as follows: Resistance: $2043 Support : $2008, $1995 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
TVC:GOLDLong
by Nova-Scalper
3
"CFX/USDT Long Trade Setup: Bullish Flag Breakout and Retest foTrade Setup for CFX/USDT: Long Position Analysis: CFX has broken out of a bullish flag pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to $0.181 Targets: $0.1945 $0.205 $0.213 $0.229 $0.25 Stop Loss (SL): Set the Stop Loss at $0.174 to limit potential losses. Leverage: Use leverage cautiously: 5x to 10x. DYOR #Crypto #trade
Long
by CRYPTOMOJO_TA
"Breaking Resistance: #TSUKA Signals Bullish Momentum! 🚀🚀 #TSUKA Update 📈 In the daily timeframe, #TSUKA has broken a 298D resistance and is currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in this retest 🎯 Targets: TP1: 0.0637 TP2: 0.082 TP3: ATH 🛑 SL: Close below upper support on a daily candle. Remember to DYOR! 🚀 #Crypto #TradingAlert
TLong
by CRYPTOMOJO_TA
1
Gold officially has a new peak, increasing strongly✍️ NOVA hello everyone, Let's comment on gold price next week from 4/12 - 8/12/2023 🔥 World situation: Last Friday, after the PMI news and the FED meeting, the information was not good for the dollar, it witnessed a new milestone for Gold. Gold price reaches a new peak in 2075. This is a previously forecast result at the end of 2023. Although information about the war between Ukraine and Israel has gradually decreased, it is still happening. That is also the motivation for Vang to continue to increase strongly 🔥 Identify: Currently, buying power is still very strong. Price is in a nice technical zone to continue increasing December will still witness new record high points for Gold 🔥 Technically: Based on the resistance and support areas of the gold price according to the D1 frame, NOVA identifies the important key areas as follows: New Resistance: $2100, $2150 Support : $2051, $2027, $2005 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
FTSE All World Index just hit the 200MA Green light to 565.56I like looking at the Weekly chart with the FTSE World Index. Each candle shows you price action and volume over an entire week. The common denominator with the index is using the 200 Moving Average (Black line. Each time the price touches or breaks below, it acts as an elastic band and springs right back up. Well it's reached the level, tested and smart money (big institutions) have gone big and bought up the price. Technically, it's also forming a Cup and Handle formation. This is a bullish pattern which resembles a cup (big rounding Bottom) with a handle (small rounding bottom). Three parts make this C&H pattern including a. Cup (big rounding bottom), Handle (small rounding bottom) and a Brim level (horizontal resistance). We just need the price to break above the brim level, before we really get traction to the upside, First target for the index is 565.56. This is in line with the positive sentiment world wide with America showing indication of no further hike rates, which is good for businesses, consumers and investors. Less debt, more buying at cheaper prices and it shows stability in the market. About the FTSE All World Index The FTSE All-World Index is a global equity index that represents the performance of large and mid-cap stocks from around the world. Index Provider: The FTSE All-World Index is provided by FTSE Russell, a leading global index provider. Global Representation: It is designed to measure the performance of companies from both developed and emerging markets, providing a comprehensive view of the global equity market. Large and Mid-Cap Stocks: The index includes large and mid-cap stocks, covering a broad spectrum of companies across various sectors. Diverse Sectors: It encompasses companies from a wide range of sectors, including technology, healthcare, finance, consumer goods, and more. Geographic Diversity: The FTSE All-World Index covers stocks from multiple countries, offering investors exposure to both developed economies like the United States, Europe, and Japan, as well as emerging markets. Benchmark for Global Investing: Many investors and fund managers use the FTSE All-World Index as a benchmark for global equity portfolios. Currency Exposure: It provides exposure to various currencies as it includes companies from different countries, impacting performance based on currency movements.
FTSE:AW01Long
by Timonrosso
End November, during the Gold price bull cycle✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of November 🔥 World situation: At the end of the year, published US economic data showed difficulties and challenges. There are not many positive signals yet. Gold prices continue to benefit at the end of the year. In the last week of November, there are important data such as: CB Consumer Confidence, Prelim GDP q/q, Core PCE Price Index m/m, ISM Manufacturing PMI,... otherwise the forecast will continue to support The Golden household goes up 🔥 Identify: Observing the technical chart according to the H4 frame, Gold price is still in a very nice uptrend. This is an opportunity for Gold price to have the highest price point in 2023 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2010, $2022 Support : $1991, $1971 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
IHS confirmed , next BIG short squeeze?Long and strong IHS confirmation breakout and tested Fundamentals: Company fully funded and largest factory in Moses Lake has started production with recent contract signed for the next 10 years worth around 3 busd. Todays mcap is around 0.6 busd. Guided ebidta for 2025 is 100-300 musd Dept around 260 musd with favorable terms Production within 3 megatrends in the U.S, semi chips, solar and batteries (silane gas) All production sold out, but silicon anodes manufacturers ( Sila Nano, G14, Oned) has established around their Moses Lake facility in hopes for silane offtake. Amprius and Cenate has mentioned and hopes for REC silicon silane gas, and company itself says they have discussions with multiple companies regarding silane. REC has 70% markets share of silane gas, and it looks that replacing grafite with silicon will be the next big thing. The potential for REC silicon and its silane gas are endless the next 5 years as this explodes. REC also has a 15% stake in Yulin factory in China, and are in proccess of selling this stake, which is valued to 150 musd. 1/4 of todays mcap just in cash!! Proccess is going slow but we are close to an end... This stock is worth following the next year!! Also to mention is that due to restart and impairments, Moses Lake factory(replacement cost 1.7 busd) is zero in the books. Yulin has also been written down to zero... and revarsal of impairments would most likely be reversed next quarter, Yulin is a huge bonus with cash, and company has also recievd a large amount of pre payments in the 3 busd contract recently signed. Today REC silicon is one of the most shorted stocks in Oslo stock exchange, but there is a huge chance of a potential short squeeze here when market discovers fully what is about to happen here....
OSL:RECSILong
by Sirbalo
(FRO) Surges in value As Market Takes a DipIn the latest trading session, Frontline (FRO) closed at $20.39, marking a +0.99% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.63% for the day. Meanwhile, the Dow lost 0.51%, and the Nasdaq, a tech-heavy index, lost 0.63%. Shares of the shipping company have appreciated by 20.83% over the course of the past month, outperforming the Transportation sector's loss of 2.4% and the S&P 500's loss of 2.35%. Investors will be eagerly watching for the performance of Frontline in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.45, signifying a 21.62% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $250.3 million, indicating a 19.85% increase compared to the same quarter of the previous year.
NYSE:FROLong
by DEXWireNews
NMDC bullish with volume"NMDC Stock Trade Strategy: Buying at 155 with 150 as a Support Level, Setting Stop-Loss at 140, and Aiming for 217 - Leveraging Weekly and Monthly Breakouts Since 2012" 1) Stop-Loss: This is the price at which you are willing to sell the stock to limit your losses. In your case, you've set a stop-loss at 140. If the stock price falls to 140, the system will automatically sell the stock to prevent further losses. 2) Target Price: This is the price at which you plan to sell your stock to realize a profit. In your case, you've set a target price of 217. If the stock reaches 217, you plan to sell to lock in your gains. Please be aware that the stock market can be highly volatile, and stock prices can fluctuate rapidly. It's essential to do your own research or consult a financial advisor to make informed investment decisions. Always consider factors like market conditions, company fundamentals, and recent news when setting your trading strategy. Also, keep in mind that the stock market involves risks, and there's no guarantee that NMDC's stock will reach your target price or avoid your stop-loss level. Make sure you are comfortable with the risks involved and never invest money you can't afford to lose.
NSE:NMDCLong
by ketanbhalala